CENTREPOINT TAMWORTH

CENTREPOINT TAMWORTH SHOPPING CENTRE

374 PEEL STREET, TAMWORTH NSW

$38,500,000 Purchase Price
7.5% Yield
8.77% Initial Distribution Yield
$4,194/m² Sale Rate

Intergen Property Group are pleased to announce the acquisition of Centrepoint Tamworth Shopping Centre.

The property is located in a prominent position within Tamworth’s central retail and commercial precinct. Centrepoint Tamworth is anchored by Aldi, JB HiFi and Forum 6 cinemas, with 27 specialty tenants including Bed Bath ‘n’ Table, Prouds, Sportscraft and a 170-seat food court.

Intergen Property Group facilitated the complete acquisition process including:

  • identification of the off-market opportunity
  • establishing the trust structure
  • completing thorough DD process
  • sourcing equity and debt facility
  • negotiating and closing the deal

 

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Centrepoint-Tamworth

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